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Japan Tobacco Gains After Report It May Raise Prices (Update1) 

Japan Tobacco Inc., the world's third- largest publicly traded cigarette maker, rose the most in two weeks in Tokyo trading after the Nikkei newspaper reported it may raise prices.

The company is considering higher prices because the cost of leaf tobacco and packaging has increased as much as 30 percent, the newspaper said, citing an interview with President Hiroshi Kimura. Japan Tobacco climbed 3.8 percent to 493,000 yen at the 3 p.m. close on Tokyo's stock exchange, its biggest gain since April 25.

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